Table 3. Summary Statistics of Study Variables.
| Variable | Mean | Median | Maximum | Minimum | Std. Dev. |
|---|---|---|---|---|---|
| Dependent Variables | |||||
| Return on Assets (ROA) | 0.19 | 0.18 | 0.72 | -0.17 | 0.14 |
| Return on Equity (ROE) | 0.49 | 0.46 | 2.99 | -7.59 | 0.7 |
| Macroeconomic Variables | |||||
| GDP | 7.01 | 7.04 | 7.45 | 6.59 | 0.24 |
| Money Supply (M2) | 5.42 | 4.54 | 6.89 | 0.66 | 1.23 |
| Exchange Rate | 4.57 | 4.54 | 5.36 | 4 | 0.4 |
| Interest Rate | 16.30 | 16 | 22 | 14 | 2.09 |
| Inflation Rate | 0.37 | 0.27 | 1.01 | 0 | 0.31 |
| Government Expenditure | 6.80 | 6.80 | 6.86 | 6.06 | 0.05 |
| Tax Revenue | 5.85 | 5.90 | 6.32 | 5.45 | 0.28 |
| Firm-Specific Variables | |||||
| Current Ratio | 0.69 | 0.69 | 1.51 | 0.02 | 0.26 |
| Financial Leverage | 0.57 | 0.57 | 1.32 | 0.01 | 0.21 |
| Sales Growth | 0.10 | 0.14 | 0.99 | -2.03 | 0.36 |
| P/E Ratio | 0.86 | 0.84 | 1.06 | 0.58 | 0.09 |
| Firm Size | 14.14 | 14.31 | 17.07 | 10.22 | 1.23 |